Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $35.00 short call and a strike $40.00 long call offers a potential 8.93% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock rose above the $40.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Oracle is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Oracle is bearish.
The RSI indicator is at 34.95 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Oracle
Source: Oracle Is Quietly Reorganizing Its Sales Force And Signing A Huge Agreement With HP
Wed, 18 Dec 2013 01:16:00 GMT
Business Insider – Oracle will report its quarterly financial…
HP CEO Whitman Just Got a Big Pay Raise
Tue, 17 Dec 2013 23:32:12 GMT
AllThingsD – From $1 a year to $1.5 million.
Why Oracle Earnings Matter So Much For 2014 After Cisco
Tue, 17 Dec 2013 18:53:51 GMT
24/7 Wall St. – Oracle Corp. (NYSE: ORCL) is set to report earnings on Wednesday after the close. 24/7 Wall St. wanted to bring an earnings preview on the matter, but we want to stress that this is likely going to be …
Business events scheduled for Wednesday
Tue, 17 Dec 2013 18:48:54 GMT
AP – Major business and economic events scheduled for Wednesday: WASHINGTON — Commerce Department releases housing starts for November, 8:30 a.m. WASHINGTON — Federal Reserve policymakers release a statement …
Business events scheduled for Wednesday
Tue, 17 Dec 2013 18:48:54 GMT
AP – Major business and economic events scheduled for Wednesday: WASHINGTON — Commerce Department releases housing starts for November, 8:30 a.m. WASHINGTON — Federal Reserve policymakers release a statement …
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